CUT & GO AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

81,82 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 177 000	1 076 000	965 000	764 000
Net Income	135 000	205 000	149 000	9 000
Total Assets	457 000	425 000	347 000	183 000
Total Equity	165 000	242 000	37 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 177 000	1 076 000	965 000	764 000
Expenditure	1 004 000	813 000	774 000	748 000
Operating Profit	173 000	262 000	191 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−6 000
Earnings Before Tax	173 000	262 000	191 000	11 000
Tax	38 000	58 000	42 000	2 000
Net Income	135 000	205 000	149 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	12 000	15 000	19 000
Total Current Assets	454 000	413 000	332 000	163 000
Total Assets	457 000	425 000	347 000	183 000
Total Retained Equity	135 000	212 000	7 000	9 000
Total Equity	165 000	242 000	37 000	39 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	291 000	183 000	309 000	144 000
Total Equity and Debt	457 000	425 000	347 000	183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 177 000	1 076 000	936 000	764 000
Other Income	0	0	29 000	0
Revenue	1 177 000	1 076 000	965 000	764 000
Cost of Goods Sold	29 000	14 000	−1 000	13 000
Salary Costs	606 000	523 000	482 000	456 000
Depreciation	0	3 000	4 000	5 000
Impairment	10 000	0	0	0
Expenditure	1 004 000	813 000	774 000	748 000
Operating Profit	173 000	262 000	191 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−6 000
Dividends	212 000	0	150 000	0
Net Income	135 000	205 000	149 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	12 000	15 000	19 000
Total Tangible Assets	2 000	12 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	12 000	15 000	19 000
Stock	0	6 000	6 000	0
Total Investments	0	0	0	0
Cash, Bank	450 000	403 000	317 000	144 000
Total Current Assets	454 000	413 000	332 000	163 000
Total Assets	457 000	425 000	347 000	183 000
Total Equity	165 000	242 000	37 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	138 000	5 000	3 000	24 000
Unpaid Taxes	54 000	71 000	67 000	69 000
Dividends	212 000	0	150 000	0
Other Current Debt	61 000	49 000	47 000	49 000
Total Current Debt	291 000	183 000	309 000	144 000
Total Equity and Debt	457 000	425 000	347 000	183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,82 %	84,71 %	402,7 %	23,08 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	14,7 %	24,35 %	19,79 %	2,23 %
Current Ratio	1,56	2,26	1,07	1,13
Quick Ratio	1,56	2,33	1,1	1,13
Equity Ratio	0,36	0,57	0,11	0,21
Gross Profit Margin	97,54 %	98,7 %	100,1 %	98,3 %